Discover how Hyundai Motors is carving out its space in the automotive market. Despite impressive sales and profit growth, the stock price hasn't followed suit. Find out what this means for future investments and how it compares to the broader industry.

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(p1) Today, we are talking about Hyundai Motors, which ranks 5th in market capitalization in Korea.
(p2) Hyundai Motors has had the largest listing in India. Its not Tesla, but is Hyundai really doing this well? Im curious.
(p3) Looking at the sales, they have continued to grow over the past four years. Quarterly sales have nearly doubled.
(p4) Operating profit has also increased to double the level of the previous two years over the past two years. This is very impressive.
(p5) While profits are increasing, the stock price has not risen correspondingly, and the PER is decreasing. Ultimately, the PER is only 6.5. The reality is that the average PER in the automotive industry is 4.0, indicating a lack of market valuation.
(p6) Nevertheless, foreigners have been increasing their stake in Hyundai Motors.
(p7) If the performance in the third quarter of 2024 continues to be excellent, it seems to become increasingly attractive. I will provide an update during the third quarter earnings announcement. Thank you.
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